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African, Caribbean and Pacific States - The group of developing countries which belong to the Lomé Convention, by which most of their products are allowed into the EC on a non-reciprocal basis. The membership is currently 70 countries, and they are also eligible to grants from the European Development Fund (EDF) and loans from the European Acronym: ACP Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm
Related Terms: African, Caribbean and Pacific States - international | trade |
European Investment Bank -
Established in 1957 to finance capital investment that will benefit and aid EC development. Although the Member States provide a subscription capital, it raises most of its funds on the international capital markets. Its major objectives are to assist less developed regions, to modernize the EC economy, and to support
Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm
Search History: [ European Investment Bank ]
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Ver 4, Sep, 1999, Matthew D. Cox, firstname.lastname@example.org
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